Where you own the home that you live in. You can choose any home as long as you have the money to pay for it.
You can buy a home by getting a loan from a bank or building society or using your savings.
A family can make sure children have money when they get older by setting up a trust. Money or property can be put into the trust, the trust does not belong to the children.
A trust is one of a few ways to own a home or have money that does not:
- Affect your benefits
- Remove the duty of social services or the NHS to provide care or support.
You are also protected against charges that a local council may make against home owners. You will need to find someone you trust who can be a trustee for the discretionary trust.
You can get in touch with Mencap Trust Company. They also run courses on discretionary trusts.